Were you afraid of growing up and giving up your stress free childhood? Apparently Generation Z. has no fear at all. The post-Millennial crop of kids, those born in 1995 and later, are already moving into homeownership! Maria Lamagna, writing for MarketWatch says just shy of 100K members of Gen Z, whose ages top out… Continue reading MOVE OVER MILLENIALS, GENERATION Z IS ALREADY BUYING HOMES!
Cash may be king, but words are pretty powerful, too: One of the most effective ways to win a bidding war is to write the seller a letter as well as getting a full credit approval with your mortgage lender prior to placing an offer. All-cash offers nearly doubled a buyer’s chances of trumping others,… Continue reading HOW TO WIN A HOME IN CHARLESTON’S COMPETITIVE MARKET
Cooler weather is coming and we are certainly ready for a break from the heat! September brings the Jazz Fest, Charleston Restaurant Week, and Charleston Beer Week all in the same month. Here is your September calendar of events: Aug 30-Sept24: Disney’s The Little Mermaid, Dock St Theater 1-3: 9th Lowcountry Jazz Festival, N Chas… Continue reading SEPTEMBER CALENDAR OF EVENTS IN CHARLESTON
Charleston, South Carolina: the largest and oldest city in the entire state. This gorgeous port city, which was founded in 1670, has been around to witness America’s best and worst moments. It’s now evolved into a festive, bustling town that anybody would be lucky to lay eyes on. Charleston represents a harmonious marriage of the… Continue reading 6 Reasons Charleston Is The Perfect Home For You!
Do you know what July in Charleston means? That means cookouts, vacation, sun, sand, the ocean and lots of fun events in our beloved city! There’s great music coming to town this month as well. The boys of summer are at it again at Joe Riley Stadium. It’s anyone’s guess what Riverdogs owner Mike Veeck… Continue reading JULY IN CHARLESTON: CALENDAR OF EVENTS
Fannie Mae announced April 25th that they will make it easier for borrowers with student loans to qualify for a mortgage. This is great new for current and former students who have been overburdened by student loan debt. These changes will go into effect May 1st 2017. The Economist reported in June 2014 that U.S.… Continue reading Fannie Mae Helps Borrowers with Student Loan Debt Qualify for a Mortgage!
DOCTOR LOAN PROGRAM: As of 2015, the average student loan debt of a doctor was estimated at $183,000. With the current prevailing student loan interest rate at 6.31% with an average length of repayment of 21 that is a estimated a total payment of $1,312. With today’s rate still at historic lows hovering around 4%,… Continue reading HEY DOC! HOW ABOUT 275K MORE BUYING POWER?!
Zach Larichiuta and the Lucy Lending Team are thrilled to announce the 1% Down Payment Program available to our valued clients! With the newly released Homeownership Advantage Program; buyers no longer need a large sum of cash to secure a home. This program focuses on supporting first-time homebuyers, low- and moderate-income borrowers, and families in… Continue reading HAVE YOU AVOIDED LOOKING TO BUY A HOME BECA– USE YOU FEAR YOU WILL NOT HAVE ENOUGH MONEY?
Great article explaining why interest rates are on the rise no matter what! Contact Zach and the Lucy Lending Team to see what your purchasing power is, get pre-qualified, pre-approved and lock in your rates! Zach and the Lucy Lending Team [email protected] 843-469-9010 http://time.com/money/4699429/mortgage-rates-federal-reserve/
Federal Reserve Chief, Janet Yellen, again confirmed last week her intent to raise short-term interest rates this month,as long as inflation and employment data continue to meet the Fed’s expectations; which both are expected to do. The next Fed meeting is March 14-15, the Fed will most likely raise rates from the current 0.75% to… Continue reading The Fed is 98% Likely to Raise Rates Next Week!